#property debt

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#circled square alternative investments #commercial mortgages #commercial real estate #fed rate hike #interest rates #jeff sica #refinancing #renters #small business tenants

Commercial Real Estate CEO Warns of $1 Trillion Debt Refinancing Crisis
Commercial real estate CEO Jeff Sica warns $1 trillion in property debt faces refinancing at nearly double its original rate, adding $600,000 yearly in interest.
24/7 Wall St. · 1m